DoT names four companies as auctioneers for next spectrum auction
By MYBRANDBOOK
According to a DoT circular, the Department of Telecommunications (DoT) will name an auctioneer on May 22 for conducting the next 4G spectrum sale, and has shortlisted four companies – mjunction services, C1 India, MSTC and e-Procurement Technologies – who have qualified in the technical round.
The auctioneer is the agency that will develop and manage the sotware for the upcoming spectrum sale. The auction is likely to happen within 90 days, post-finalization of the auctioneer.
A pure 4G auction is likely to benefit incumbents, Vodafone Idea and Bharti Airtel, which want the 5G spectrum sale to be delayed, citing their stretched finances and an underdeveloped devices ecosystem. DoT officials, in turn, have reportedly said a 5G spectrum auction this year would have attracted few bidders, indicating the reason for the U-turn.
Some industry executives though say lack of clarity on whether Chinese vendors Huawei and ZTE would be let to deploy this next-generation fast broadband technology in India prompted the government to postpone an auction of 5G airwaves in the 3.3-3.6 Ghz bands this year, and instead sell only 4G airwaves in the 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz, 2300 Mhz and 2500 Mhz bands.
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
ZOHO CORPORATION PVT. LTD.
VERSA NETWORKS INDIA PVT. LTD.
GLOBUS INFOCOM LTD.
Icons Of India : Girish Mathrubootham
Girish Mathrubootham is the Founder of Freshworks (previously known ...
Icons Of India : ASHISH KUMAR CHAUHAN
Ashish kumar Chauhan, an Indian business executive and administrator, ...
ICONS OF INDIA : RISHAD PREMJI
Rishad Premji is Executive Chairman of Wipro Limited, a $11.3 billion ...
PFC - Power Finance Corporation Ltd
PFC is a leading financial institution in India specializing in power ...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
BSE - Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is one of India’s largest and oldest...
Indian Tech Talent Excelling The Tech World - Aneel Bhusri, CEO, Workday
Aneel Bhusri, Co-Founder and Executive Chair at Workday, has been a le...
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...